AGM Notes, page-46

 

Jake

Coincidentally I was looking up the First strike % rule.

The Anns is misslinding to the market.

“vote against the remuneration report by at least 25 per cent of the votes cast can lead to the 'two strikes' situation. This means that, if there is a 25 per cent vote against the remuneration report at the next annual general meeting, there must be a spill resolution that another meeting will be held within 90 days.”

https://aicd.companydirectors.com.au/-/.../05446-4-6-director-tools-me-agms_a4_web...